Portfolio

Some advisors say selling the firm should not always be the main objective.

As more affluent individuals lose faith in their advisors opportunities arise for strong wealth managers to scoop up new clients.

Last year alone, the company was hit with $25.5 billion in redemptions, and in the previous year, $16 billion.

Market Groups to Press Dodd Panel

John Hancock Funds has launched the John Hancock Strategic Income Opportunities Fund, an unconstrained version of the John Hancock Strategic Income Fund.

Investors in the mutual funds of Capital Research & Management appear to have taken notice of the funds being beaten by more than half of their peers in 2008 and 2009, as redemptions are coming in at the fastest pace the company has seen in its 79-year history. Last year alone, the company was hit with $25.5 billion in redemptions, and in the previous year, $16 billion.

The ETF’s management fee is 50 basis points, but when you factor in the expense ratios of the underlying funds, the ETF’s total expense ratio rockets to 181 basis points.

It's about time mutual fund product developers thought out of the Morningstar investment-style box to give portfolio managers the ability to do an about-face.

The president of Muriel Siebert & Co. urges investors to consider putting money into tax-exempt munis.

Investment managers around the world are cautiously optimistic about stocks in the coming year but more guarded about bonds, Towers Watson found in a survey of 98 managers with a total of $13.3 trillion of assets under management. They foresee economic growth, albeit modestly.